How should I play this one? I plan to buy an option spread. Spreads can lessen your risk exposure, and give you an opportunity to make money on both ends. If there is any significant dip before/after earnings, I'll buy my "call sell" back and ride my call up. If it hits the target beforehand then we are golden. Will be buying in tomorrow.
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Comment:
I bought in and I'm up so far. we're close to our target price, there might be a chance it hits tomorrow (wednesday)
Trade closed: target reached:
We've hit the target and I'm out. another win in the books. hope others made money off this as well